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API RP 581 - 3rd Ed.2016 - Add.2-2020 - Risk-Based Inspection Methodology

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5-34 API RECOMMENDED PRACTICE 581

AU

tgt

ηtgt

% = (5.75)

η

mod

tube

The AU tgt

% is used with Table 4.5 to determine the level of inspection required to achieve target P at

f , tgt

the Plan Date. The inspection plan is defined by using the target inspection date from Equation (5.71) and

the recommended inspection from Equation (5.75).

Calculate Characteristic Life at Plan Date

The recommended inspection uncertainty is used calculate the characteristic life at the plan date after

inspection using Equation (5.76).

η

Where

η

⎛1 − AU % ⎞

w/

insp

insp

=

mod

⋅⎜

1 − AU

noinsp

% ⎟

η

mod

is defined in Equation (5.62).

Calculation of Risk

(5.76)

tube

The POF at the plan date, P , with inspection is calculated with Equation (5.55) using

f , w/

insp

t for time at

plan

the plan date, ηinsp

from Equation (5.76) and the original β value.

Calculation of Risk

tube

tube

The Risk at the plan date is calculated using Equation (5.70) using P and

f , w/

insp C .

f , plan

Bundle Inspect/Replacement Decisions using Cost Benefit Analysis

Weibull parameters are used to predict the optimal replacement frequency for a bundle and determine

whether it makes economic sense to inspect or replace a bundle at an upcoming shutdown.

Decision to Inspect or Replace at Upcoming Shutdown

Risk reduction cost benefit is calculated from mitigating actions including various levels of inspection or

bundle replacement. The cost benefit calculation includes the cost of the mitigating action to inspect or

replace). An optional rate of return, ROR (or hurdle cost), is added to the cost of a bundle replacement to

prevent excessive bundle replacement for borderline risk determinations that require action. The decision to

perform a risk mitigating bundle inspection or bundle replacement at an upcoming turnaround is determined

by comparing the incremental risk ($) associated with deferring the inspection or replacement to the cost

associated with the performing the inspection or replacement.

t 2

Expected incremental risk, EIR , associated with deferring the inspection or replacement of a bundle to a

t1

later date is calculated using Equation (5.77).

EIR

⎡1−

P

tube

t 2 tube

f

t1

= C

f

⋅ 1−

⎢ tube

1−

Pf

⎢⎣

( t2

)

( t )

1

⎤⎞

⎥⎟

⎦⎠

(5.77)

Wheret 1

is the service duration of the bundle at the next shutdown (Turnaround Date 1) and t 2

is the service

duration of the bundle at the subsequent shutdown (Turnaround Date 2).

If the cost to inspect or replace is greater than the expected incremental risk using Equation (5.78) and

Equation (5.79), that action is recommended.

t 2

( insp

+

maint ) ⋅ ( 1 + ) <

t1

2

( ) t

insp maint t1

If Cost Cost ROR EIR then inspect

If Cost + Cost + Hurdle Cost < EIR then inspect

(5.78)

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